Business Specialties
The Rising Influence of CRE Debt Funds
These vehicles, which offer investors a late-cycle equity alternative, were the talk of the MBA CREF conference in San Diego.
NAREIM Acquisitions & Dispositions 2019
The NAREIM Acquisitions & Dispositions meeting examines the tough questions raised by the advanced economic cycle, including the long-term need to view returns on investment capital against the rising costs of operations and internal client needs.
New Wellness Offering: Miraval Austin Opens
Hyatt has brought its Miraval Wellness brand to Austin, Texas, with the opening of a 117-key luxury resort spanning across 220 acres.
Law Firm Takes Space at Dallas PwC Tower
Caldwell Cassady & Curry signed a long-term lease for 14,700 square feet at the property, which is part of the Park District mixed-use development in the city’s Uptown neighborhood.
Transwestern Investment Group Acquires Fort Worth Industrial Property
DHL Supply Chain sold the 1.2 million-square-foot development, which comprises two cross-dock buildings completed in December 2018.
JV Receives $55M for Denver Office Asset
The property previously served as the administrative back office center for CenturyLink. The borrower plans to transform the property into a state-of-the-art office center.
LA Storage Facility Secures Construction Loan
World Class Capital Group and Barings received $30 million in financing for a 188,600-square-foot project in the city’s Chinatown neighborhood.
Picktricity Installs Thin-Film Panels on Petroleum Tanks
The pilot program unfolded in South Portland, Maine, at one of Sprague’s terminals. The two firms are now considering offering the technology to other terminal operators throughout the country.
Paramount Group Sells Manhattan Building for $130M
With the assistance of CBRE, the company sold the 75,000-square-foot office and retail asset at Zero Bond St. to a German investor.
TF Cornerstone, MSD Partners to Redevelop Grand Hyatt NY
The companies are planning to demolish and redevelop the massive hotel adjacent to Grand Central Terminal and replace it with a 2 million-square-foot mixed-use destination.